Much of the literature on teaching methods for economics modules demonstrates alternative ways in which the instructor can present the material to the students. In this paper the author proposes a method which puts the responsibility of the teaching and learning of the syllabus in the hands of the students themselves. In this assignment students must recreate the textbook in a more accessible way, for example, through the medium of video, interviews, podcasts, social media, games, quizzes, and case studies which are then made available as resources for the class as a whole. This article describes the assessment method, how it is structured, implemented and graded and gives some practical information and feedback which will enable other instructors to adapt it for their modules.
{"title":"Recreating the Economics Textbook: A Student Assignment","authors":"E. Denny","doi":"10.2139/ssrn.2191127","DOIUrl":"https://doi.org/10.2139/ssrn.2191127","url":null,"abstract":"Much of the literature on teaching methods for economics modules demonstrates alternative ways in which the instructor can present the material to the students. In this paper the author proposes a method which puts the responsibility of the teaching and learning of the syllabus in the hands of the students themselves. In this assignment students must recreate the textbook in a more accessible way, for example, through the medium of video, interviews, podcasts, social media, games, quizzes, and case studies which are then made available as resources for the class as a whole. This article describes the assessment method, how it is structured, implemented and graded and gives some practical information and feedback which will enable other instructors to adapt it for their modules.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130356005","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this tutorial summarizes the provisions of the economic theory. The authors focus on the problem of the interaction of its basic components - micro - and macroeconomics. The logic of the narrative brings the reader to the conclusion that the value of economic theory allows more consciously and responsibly to make a choice between the various options of using limited resources to maximize the welfare of the people. For students of higher educational institutions.
{"title":"Economics","authors":"M. Kazaryan","doi":"10.2307/j.ctv10crf7w.17","DOIUrl":"https://doi.org/10.2307/j.ctv10crf7w.17","url":null,"abstract":"In this tutorial summarizes the provisions of the economic theory. The authors focus on the problem of the interaction of its basic components - micro - and macroeconomics. The logic of the narrative brings the reader to the conclusion that the value of economic theory allows more consciously and responsibly to make a choice between the various options of using limited resources to maximize the welfare of the people. For students of higher educational institutions.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123068829","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Undergraduate students are often interested in and benefit greatly from applications of economic principles. Although popular historical novels do not provide modern examples or business applications, they do draw from historical situations that can help engage students in economic concepts and provide a useful tool to help enhance the instruction of economics. In this paper, we discuss historical novels generally, as well as the specifics of how The Lost Painting, a historical novel by Jonathan Harr, could be used to serve this purpose. Topics illustrated in the novel include scarcity, opportunity cost, cost-benefit analysis, tax avoidance, labor market specialization, compensating wage differentials, competition and market structure, pricing, income, and government regulation. We also provide a detailed discussion about how some of these topics are discussed in the novel and how such a novel can be used in microeconomics instruction.
{"title":"Teaching Economics Using Historical Novels: Jonathan Harr’s the Lost Painting: The Quest for a Caravaggio Masterpiece","authors":"Marianne Johnson, Chad Cotti","doi":"10.2139/ssrn.1914573","DOIUrl":"https://doi.org/10.2139/ssrn.1914573","url":null,"abstract":"Undergraduate students are often interested in and benefit greatly from applications of economic principles. Although popular historical novels do not provide modern examples or business applications, they do draw from historical situations that can help engage students in economic concepts and provide a useful tool to help enhance the instruction of economics. In this paper, we discuss historical novels generally, as well as the specifics of how The Lost Painting, a historical novel by Jonathan Harr, could be used to serve this purpose. Topics illustrated in the novel include scarcity, opportunity cost, cost-benefit analysis, tax avoidance, labor market specialization, compensating wage differentials, competition and market structure, pricing, income, and government regulation. We also provide a detailed discussion about how some of these topics are discussed in the novel and how such a novel can be used in microeconomics instruction.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131681608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This note explains a practical approach to teaching how a form of the Lerner rule applies even when demand is uncertain. The rule brings out the distinction between the marginal cost of a unit produced and the marginal cost of an expected unit sold, which is a key distinction for properly applying the “marginal revenue equals marginal cost” principle in the presence of uncertain demand. The Lerner rule characterization also explains the differing effects of additive and multiplicative uncertainty on a firm’s profit-maximizing price, which had been a long-standing puzzle in the intellectual history of what is known as the “price-setting newsvendor” problem.
{"title":"Teaching the Lerner Rule with Uncertainty","authors":"M. Salinger","doi":"10.2139/ssrn.1857946","DOIUrl":"https://doi.org/10.2139/ssrn.1857946","url":null,"abstract":"This note explains a practical approach to teaching how a form of the Lerner rule applies even when demand is uncertain. The rule brings out the distinction between the marginal cost of a unit produced and the marginal cost of an expected unit sold, which is a key distinction for properly applying the “marginal revenue equals marginal cost” principle in the presence of uncertain demand. The Lerner rule characterization also explains the differing effects of additive and multiplicative uncertainty on a firm’s profit-maximizing price, which had been a long-standing puzzle in the intellectual history of what is known as the “price-setting newsvendor” problem.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"101 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117277427","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This case study requires understanding of world trade and other aspects relating to globalization. The reader is expected to do secondary research to validate or not to validate various statements made in the case study. In addition, the reader is expected to visit any small and medium enterprise to find the strategies used by him to survive in the given environment. The case study raises fundamental issues relating to globalization by giving a dim view of globalization. The reader is expected to study relative merits, demits of the Globalization process, and develops appropriate opinion on various issues. The reader is also made to think in terms of micro level effect of globalization process by studying a Small and Medium Scale Enterprises.
{"title":"Globalization and Its Discontents - 'Life of Living' But Not 'Life of 'Consuming' - Case Study","authors":"P. Krishnamurthy","doi":"10.2139/ssrn.1781493","DOIUrl":"https://doi.org/10.2139/ssrn.1781493","url":null,"abstract":"This case study requires understanding of world trade and other aspects relating to globalization. The reader is expected to do secondary research to validate or not to validate various statements made in the case study. In addition, the reader is expected to visit any small and medium enterprise to find the strategies used by him to survive in the given environment. The case study raises fundamental issues relating to globalization by giving a dim view of globalization. The reader is expected to study relative merits, demits of the Globalization process, and develops appropriate opinion on various issues. The reader is also made to think in terms of micro level effect of globalization process by studying a Small and Medium Scale Enterprises.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114675904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The average Market Risk Premium (MRP) used in 2010 by professors in the United States (6.0%) was higher than the one used by their colleagues in Europe (5.3%). We also report statistics for 33 countries: the average MRP used in 2010 ranges from 3.6% (Denmark) to 10.9% (Mexico). 29% of the professors decreased the MRP in 2010, 16% increased it and 55% used the same MRP. The dispersion of the MRP used was high: the average range of MRP used by professors for the same country was 7.4% and the average standard deviation was 2.4%. Most previous surveys have been interested in the Expected MRP, but this survey asks about the Required MRP. The paper also contains the references that professors use to justify their MRP, and comments from 85 professors that illustrate the various interpretations of what is the required MRP.
{"title":"Market Risk Premium Used in 2010 by Professors: A Survey with 1,500 Answers","authors":"Pablo Fernández, Javier del Campo Baonza","doi":"10.2139/SSRN.1606563","DOIUrl":"https://doi.org/10.2139/SSRN.1606563","url":null,"abstract":"The average Market Risk Premium (MRP) used in 2010 by professors in the United States (6.0%) was higher than the one used by their colleagues in Europe (5.3%). We also report statistics for 33 countries: the average MRP used in 2010 ranges from 3.6% (Denmark) to 10.9% (Mexico). 29% of the professors decreased the MRP in 2010, 16% increased it and 55% used the same MRP. The dispersion of the MRP used was high: the average range of MRP used by professors for the same country was 7.4% and the average standard deviation was 2.4%. Most previous surveys have been interested in the Expected MRP, but this survey asks about the Required MRP. The paper also contains the references that professors use to justify their MRP, and comments from 85 professors that illustrate the various interpretations of what is the required MRP.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134256907","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This note discusses business fixed investment and the positive relationship between investment levels and the growth rate of Real GDP, known as the accelerator relationship.
本文讨论了企业固定投资以及投资水平与实际GDP增长率之间的正相关关系，即所谓的加速器关系。
{"title":"Determinants of Investment","authors":"A. Beckenstein","doi":"10.2139/ssrn.1585644","DOIUrl":"https://doi.org/10.2139/ssrn.1585644","url":null,"abstract":"This note discusses business fixed investment and the positive relationship between investment levels and the growth rate of Real GDP, known as the accelerator relationship.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125881871","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This case describes the trade-offs inherent in monetary policy for open economies in a highly globalized world. The focus is on the economic, financial, and political pressures facing policy-makers at the European Central Bank as they weigh the pros and cons of their next interest rate decision. Specific attention is given to the challenge of setting monetary policy in the EU when two of its largest economies, Germany and France, are facing somewhat opposite economic circumstances.
{"title":"Eurozone Rate Cuts in 2008: Oui or Nein?","authors":"Peter Rodriguez","doi":"10.2139/ssrn.1583770","DOIUrl":"https://doi.org/10.2139/ssrn.1583770","url":null,"abstract":"This case describes the trade-offs inherent in monetary policy for open economies in a highly globalized world. The focus is on the economic, financial, and political pressures facing policy-makers at the European Central Bank as they weigh the pros and cons of their next interest rate decision. Specific attention is given to the challenge of setting monetary policy in the EU when two of its largest economies, Germany and France, are facing somewhat opposite economic circumstances.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"80 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133332577","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This note is an introduction to the concept, aims, and preparation of a teaching portfolio, which is an evidence-based document about one's teaching philosophy and effectiveness. A teaching portfolio is a compilation of reflections and "best work" indicating what the teacher has done in the past and might do in the future.
{"title":"Introduction to the Teaching Portfolio","authors":"R. Bruner","doi":"10.2139/ssrn.1583764","DOIUrl":"https://doi.org/10.2139/ssrn.1583764","url":null,"abstract":"This note is an introduction to the concept, aims, and preparation of a teaching portfolio, which is an evidence-based document about one's teaching philosophy and effectiveness. A teaching portfolio is a compilation of reflections and \"best work\" indicating what the teacher has done in the past and might do in the future.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"80 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124112539","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Teaching trade patterns and trade gains under the Ricardian trade model is one of the most difficult tasks for teachers of international economics. We propose that the utilization of both the PPF and a labor market graph makes the understanding of Ricardian trade gains much easier.
{"title":"A Decomposition of Ricardian Trade Gains","authors":"T. Kikuchi, Ngo van Long","doi":"10.2139/ssrn.1571703","DOIUrl":"https://doi.org/10.2139/ssrn.1571703","url":null,"abstract":"Teaching trade patterns and trade gains under the Ricardian trade model is one of the most difficult tasks for teachers of international economics. We propose that the utilization of both the PPF and a labor market graph makes the understanding of Ricardian trade gains much easier.","PeriodicalId":409545,"journal":{"name":"EduRN: Economics Education (ERN) (Topic)","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125359640","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：